Lake Orion, MI
REAL ESTATE & DEMOGRAPHIC DATA






Lake Orion profile


Living in Lake Orion


Lake Orion is a very small village located in the state of Michigan. With a population of 3,189 people and 11 constituent neighborhoods, Lake Orion is the 285th largest community in Michigan. Much of the housing stock in Lake Orion was built prior to World War II, making it one of the older and more historic villages in the country.

Lake Orion home prices are not only among the most expensive in Michigan, but Lake Orion real estate also consistently ranks among the most expensive in America.

Lake Orion is a decidedly white-collar village, with fully 87.23% of the workforce employed in white-collar jobs, well above the national average. Overall, Lake Orion is a village of professionals, managers, and sales and office workers. There are especially a lot of people living in Lake Orion who work in management occupations (15.08%), sales jobs (10.23%), and office and administrative support (9.38%).

In addition, Lake Orion is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.

Because of many things, Lake Orion is a great place for families with children to consider. First of all, many other families with children live here, making Lake Orion a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Lake Orion has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Lake Orion’s overall crime rate is lower than average for the country.

One downside of living in Lake Orion, however, is that residents on average have to contend with a long commute, spending on average 32.45 minutes every day commuting to work.

The education level of Lake Orion ranks among the highest in the nation. Of the 25-and-older adult population in Lake Orion, 40.70% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.

The per capita income in Lake Orion in 2018 was $49,172, which is wealthy relative to Michigan and the nation. This equates to an annual income of $196,688 for a family of four. However, Lake Orion contains both very wealthy and poor people as well.

The people who call Lake Orion home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Orion residents report their race to be White, followed by Asian. Important ancestries of people in Lake Orion include German, Irish, Italian, Polish, and English.

The most common language spoken in Lake Orion is English. Other important languages spoken here include Polish and Spanish.